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Dec 31, 2021
Getty Q4 2021 Earnings Report
Reported financial results for the quarter and year ended December 31, 2021.
Key Takeaways
Getty Realty Corp. announced its Q4 and full year 2021 results, exceeding the high end of 2021 guidance. The company invested $64.4 million across 23 properties during the quarter and $200 million across 100 properties during the year. The effective execution of their growth strategy has allowed them to enhance and diversify their portfolio by tenant, geography and property type.
Net earnings per share: $0.38
Funds From Operations (FFO) per share: $0.47
Adjusted Funds From Operations (AFFO) per share: $0.51
Invested $64.4 million across 23 properties
Forward Guidance
The Company has established its 2022 AFFO guidance at a range of $2.08 to $2.10 per diluted share, based on its updated definition of AFFO as discussed above. The Company’s outlook includes completed transaction activity as of the date of this release, but does not include any assumptions for prospective acquisitions, dispositions, or capital markets activities.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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